Despite the decrease in the total number of reinsurers operating in the Ukrainian market, INGO Insurance Company managed to enlist the support of Western partners and conclude new bond contracts for 2023.

To compensate for inflationary influences, INGO increased the total volume of the multi-risk bond program from UAH 1 billion to UAH 1.2 billion, the cargo insurance section from UAH 200 million to UAH 300 million and increased its own retention from UAH 8 million to UAH 10 million. At the same time, the company is able to use the full reinsurance capacity (UAH 1.2 billion) for property coinsurance in the Ukrainian market. Thus, in the case of insurance of large risks, the insured or broker can collect the necessary capacity faster thanks to INGO.

INGO's reinsurers have international financial strength ratings of at least A+ from Standard & Poor's and A.M. Best A-. The leader of the multi-risk bond program is the reinsurance company SCOR (France).

Under the multi-risk bond program, INGO is able to insure property and technical risks (including construction and installation risks, special equipment), cargo, and rail transport. Two other bond programs provide reinsurance coverage for water transport and agricultural risks. The company also continues to insure business interruption, general civil liability to third parties, professional liability, employer's liability and producer's liability.

INGO Insurance Company has retained the ability to accept risks in inward reinsurance and plans to further develop this area.

Despite the fact that most of the risks associated with war and mass unrest are currently excluded from the coverage of Ukrainian insurers, INGO is ready to offer such coverage in certain aspects. Namely, in the cargo section, the company has the opportunity to insure war risks in the Black Sea, except for the list of certain zones defined by the Joint War Committee of the Lloyd's Association of Insurers. This makes it possible to cover a significant volume of transportation within the "grain corridor", including cargo flows from Ukrainian ports on the Danube.

To secure more cargo, in 2023 INGO increased its reinsurance capacity in this segment from UAH 200 million to UAH 300 million. The company can also provide coverage of war risks in small volumes (UAH 2-4 million) for cargo transportation by land, but within its own retention.